Stride Ventures Becomes First Indian Fund Backed by PIF

Stride Ventures’ partnership with Public Investment Fund (PIF) - Public Investment Fund (PIF) - one of the world’s most influential and largest sovereign investors - marks a significant milestone in Stride’s evolution as a globally trusted private credit platform originating in India. This collaboration reinforces the growing global orientation of Indian- born investment platforms and reflects the confidence placed in Stride’s governance-led, founder-first credit strategy.

Founded in 2019, Stride has steadily expanded from a domestic debt pioneer into an international financial platform with on-ground presence across India, GCC, and UK/ Europe, operating in diverse currency environments including INR, USD, and GBP. The firm has enabled over USD 1.6 billion in credit across nearly 200 portfolio companies, including 20 unicorns, while evaluating more than 15,000 companies globally. Today, Stride empowers entrepreneurs through seven funds, supported by sovereign-backed strategies and a diversified investor base.

Stride’s growth is anchored in institutional governance and globally aligned standards, including its formal commitment to the UN-supported Principles for Responsible Investment (PRI). The firm has built its international presence through a locally anchored, partnership-first model - working closely with regulators, policymakers, and ecosystem partners across markets, from DPIIT in India and ADGM in Abu Dhabi, to advance the development of private debt ecosystems tailored to each region. The platform has been recognised as the Most Active Startup Investor and a multiple-time Venture Debt Investor of the Year (India).

The partnership with PIF’s Jada Fund of Funds adds to a series of strategic sovereign and global investor relationships supporting the broader Stride platform, including its collaboration with SAB Invest to expand private credit deployment in Saudi Arabia’s innovation economy. Together, these partnerships reinforce Stride’s position among a new generation of globally benchmarked private credit managers emerging from India. Stride aims to deploy over USD 1 billion globally in the coming years across venture debt, growth credit, and private credit strategies, including a target deployment of approximately USD 200 million in Saudi Arabia’s entrepreneurial and innovation ecosystem over the next two years.

By bridging global capital with high-growth companies across markets, Stride continues to enable Indian and international entrepreneurial and investment ecosystems to operate more synergistically. This empowers founders with non-dilutive growth capital while delivering institutional-grade outcomes for investors worldwide.